that was ronald reagan, who won the election with a rate of 7.4%. so, the question is, can mr. obama win one like the giper or is the number still bad enough to doom his hopes? well, cue mitt romney. that's what happened today. his team is furiously pointing out how many people are underemployed. last month's household survey found 582,000 of the jobs created involved part time workers who wanted to be full time. plus, no one should forget all the people who have stopped looking for work. romney says this new number or not is not what a recovery looks like. >> the truth is, if the same share of people were participating in the workforce, today is on the day the president got elected, our unemployment rate would be around 11%. >> "outfront" tonight, ali velshi, ethan and a former staff member for president obama's national commission on fiscal responsibility and reform, daniel mitchell, senior fellow at the cato institute. alan, the numbers sound good. are they? >> i don't care. i'm going to go one further than erin. not only does the absolute number of the unemployment percenta